Sometimes it's just simple

Instead of writing a general article, I chose to quickly present the three real estate developers. In February, I will try to maintain this pace so that the entire selection list has an initial analysis. Starting from March, I will make time again to write general articles. 

After the first company on Tuesday, I now come with a company that may be misunderstood by the market due to its diverse yet complementary activities.

The investment case is very simple, the company has some beautiful projects in development and for rent. The debts are manageable, even with these higher interest rates. Therefore, there is no reason why the company is trading at almost half of its tangible book value.

I introduce you to: